JAXON MINING INC (JAX.CA) Technical Analysis
TSX-V:JAX • CA47200C1023
Current stock price
JAX.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to JAX. JAX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, JAX is a bad performer in the overall market: 96% of all stocks are doing better.
- JAX is one of the lesser performing stocks in the Metals & Mining industry. 90% of 795 stocks in the same industry do better.
- JAX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month JAX has a been trading in the 0.01 - 0.01 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
JAX.CA Weekly and Daily overview Charts
JAX.CA Setup Rating and Analysis
JAX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for JAX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
JAX.CA Support and Resistance Analysis
0.01
We found 1 important resistance area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
JAX.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for JAX.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JAX.CA is neutral. |
| ChartMill Relative Strength | 4.11 | NEGATIVE | JAX.CA has a low relative strength, it was outperformed by 95.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JAX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of JAX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of JAX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.92 | NEUTRAL | The RSI value for JAX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests JAX.CA has a negative trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for JAX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 27.5 | HIGH VOLATILITY | The high ATR as a percentage value for JAX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.14 | NEGATIVE | The low ADX value for JAX.CA suggests a weak or negative trend. |
JAX.CA Chart- and CandleStick Pattern Analysis
JAX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:JAX (5/27/2024, 7:00:00 PM)
0.01
0 (-33.33%)
JAXON MINING INC / JAX.CA TA FAQ
What is the technical rating for JAX stock?
ChartMill assigns a technical rating of 0 / 10 to JAX.CA.
What is the trend direction for JAX stock?
The current trend direction for JAXON MINING INC (JAX.CA) is Bearish.
Can you provide the RSI signal for JAXON MINING INC?
JAXON MINING INC (JAX.CA) has an RSI value of 44.9213. This indicates that the stock is currently neutral.
What is the short term momentum for JAX stock?
The short term momentum for JAXON MINING INC (JAX.CA) is neutral.
What are the support and resistance levels for JAXON MINING INC (JAX.CA) stock?
JAXON MINING INC (JAX.CA) has a resistance level at 0.01. Check the full technical report for our detailed analysis of JAX.CA support and resistance levels.